Funding you earn now, next payment 08:00 UTC−0.0178%/8h= −19.5% APRnext payment −$1.78 per $10,000 · paid last 24h +0.005%
Price spread now: KuCoin against Gate−0.234%7-day average −0.097% · you buy dearer than you sell
Net, funding: paid 7d − costs−$371as in the Funding arb table
Net, price: spread back to 7d avg − costs−$405as in the Price arb table
costs, in and out, $10k−$3913.908% of the position
Funding, last 7 days+0.198%+$20 on $10k
+Price spread, last 4 days (all we have)+0.175%+$17 · spread now −0.234%, 7d avg −0.097%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and KuCoin is 0.138% cheaper against Gate than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.097%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.198%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate YFI_USDT | 2,304.7 | 0.0278 | pay 0.0278% / 8h | 2h 55m | $299K | $145K | 50x |
| Short | KuCoin YFIUSDTM | 2,299.3 | 0.0100 | get 0.0100% / 8h | 2h 55m | $381K | $79K | 30x |
Gate YFI_USDT
KuCoin YFIUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Gate. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$37.38
- Price spread: −0.234% → −0.097%
- −$13.76
- Slippage, 4 orders
- −$363.81
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$441.95
- Costs to cover
- 3.908%
- Break-even
- never at this rate
Slippage from Gate: live order book, 51 min ago; KuCoin: live order book, 2 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 51 min ago | 19.36 bp | 63.7 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 19.56 bp | 88.5 bp −$89 | 411.8 bp −$4,118 | doesn't fit | doesn't fit |
YFI on 12 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective YFI/USDC PERP | +0.0033% | 1h | 2,190.5 | −4.955% | $2K | $28K | 5.5x | as long as short |
| Aster YFIUSDT | +0.0100% | 8h | 2,300.3 | −0.192% | $3K | $2K | 5x | as long as short |
| Binance YFIUSDT | +0.0100% | 8h | 2,301 | −0.159% | $2.2M | $3.2M | 75x | as long as short |
| Bybit YFIUSDT | +0.0100% | 8h | 2,300 | −0.204% | $993K | $280K | 25x | as long as short |
| OKX YFI-USDT-SWAP | +0.0100% | 8h | 2,303 | −0.074% | $629K | $823K | 20x | as long as short |
| MEXC YFI_USDT | +0.0100% | 8h | 2,301 | −0.161% | $870K | $288K | 75x | as long as short |
| KuCoin YFIUSDTMshort | +0.0100% | 8h | 2,299.3 | −0.234% | $381K | $79K | 30x | |
| BingX YFI-USDT | +0.0100% | 8h | 2,302 | −0.117% | — | $11.9M | — | as long as short |
| Variational Omni YFI | +0.0100% | 8h | 2,300.6 | −0.178% | $9K | $1K | — | as long as short |
| BloFin YFI-USDT | +0.0126% | 8h | 2,304 | −0.030% | $118K | $42K | 75x | as long as short |
Injective YFI/USDC PERP
Aster YFIUSDT
Binance YFIUSDT
Bybit YFIUSDT
OKX YFI-USDT-SWAP
MEXC YFI_USDT
BingX YFI-USDT
Variational Omni YFI
BloFin YFI-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate YFI_USDTlong | +0.0278% | 8h | 2,304.7 | long leg | $299K | $145K | 50x | |
| Kraken Futures PF_YFIUSD | +0.0589% | 1h | 2,297.5 | −0.311% | $47K | $6K | 10x | as long as short |
Kraken Futures PF_YFIUSD